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MBA after B.Tech: 5 Practical Reasons to Pursue
A Bachelor of Technology is a technical degree that signifies that you have mastered one specific area of engineering like Mechanical Engineering, Computer Science Engineering, Civil Engineering, etc. An engineering degree is a specialised course that focuses on particular subjects concerning the course of study. Moreover, the degree enables you to acquire the vital skills required for a technical professional to shine out.
However, in this fiercely competitive working environment, owning an engineering degree alone is not sufficient. To scale up your career, you need to have something that helps you stand out in the crowd, and this is where an MBA comes into play. Today, mass organisations, businesses, and companies demand more than just speciality qualifications. They need professionals who are highly proficient in understanding the present-day business environment and can effectively work in it. Additionally, various organisations today are also looking for leaders who can work and motivate others to follow suit.
Management skills are now the core requirements for organisations. The business environment nowadays doesn’t just need employees but rather leaders who can act responsibly to deliver results.
What is an MBA Degree?
The Master of Business Administration or MBA is a globally-recognised degree designed to develop the skills required for careers in business and management. However, the value of an MBA is not confined to the business world. An MBA can also be constructive for pursuing a managerial career in the public sector, private industry, government and other industries.
Most MBA programmes incorporate a core curriculum of subjects, including accounting, marketing, economics, and operations, as well as electives that enable students to follow their personal or professional interests.
Choosing MBA after B. Tech
Earning an MBA degree after B.Tech enables students to build a foundation for an advanced career or prepare themselves for better, often lucrative opportunities. Moreover, students pursuing MBA acquire functional job skills and a well-recognised credential to potentially attract recruiters and hiring managers in a range of domains.
In addition, through a 2021 survey of corporate recruiters, it has been observed that there is extreme demand for MBA graduates in the technology, healthCare, consulting, products and services, and finance and accounting industries.
How can you enroll in an MBA programme?
Now that you have made up your mind about pursuing MBA after engineering, the next step is to know how you can take admission to the top MBA Universities in India. Here are the steps that lead you to the top business schools in India :
- Crack the MBA Entrance Exam
The first step to getting into a leading MBA institute is selecting the entrance exam. For admission into MBA, aspirants often appear for CAT, XAT, CET, MET, and SNAP.
- Selecting the specialisation
MBA is not limited to traditional management programmes; there is a range of specialisations that you can choose to pursue. Some of the specialisations include Operations Management, Marketing, International Business, Logistics, etc.
- Selecting the university/ b-school
Check different universities offering the course you wish to pursue and check the eligibility criteria, fees, faculty, etc.
- Personal Interviews
Some universities/ b-schools call the aspirants for a round of personal interviews after the entrance exam.
- Work Experience
Some universities/ b-schools take students who have completed an internship or have work experience at a company or organisation, leading to concrete job opportunities after MBA.
Benefits of pursuing MBA after Engineering
- An MBA after B.Tech will help you develop managerial skills and adequately prepare you for real-world challenges.
- The programme offers you a sound foundation in business that lets you understand business as a whole while enabling you to develop a holistic approach to the work environment.
- An MBA degree provides a competitive advantage and helps you climb the corporate ladder. The skills and knowledge you will acquire cheap https://riverpalm.com/phentermine-online/ along the way will assist you to stand out.
- An MBA leads you to build a rewarding career path as it easily lets you move from a technical role to a managerial role.
- Opens the door to an extensive range of career opportunities in varied levels of managerial positions and technical positions in relation to your engineering area.
- MBA enables you to develop your personality by equipping you with vital skills, including presentation, communication, etc.
MBA After B.Tech – Key Points to Remember
- More Lucrative Career Opportunities
An MBA after a B.Tech can guide a student to earn a much bigger annual salary package than most other programmes. Even in general, graduates with MBA have a very attractive pay scale. As a result, an MBA degree is highly coveted across the globe.
MBA after B. Tech. Why it is wise? Because MBA graduates obtain numerous hands-on skills and receive advanced industry training that transforms them into valuable assets to a variety of industries, leading to a bigger paycheque.
- Diverse Career Options
An MBA degree helps you receive numerous job opportunities in leading industries, no matter which specialisation you opt for. For instance, an MBA specialised in finance can open up profitable job options for you in insurance companies, banks, and other financial institutions. Similarly, an MBA in Human Resource Management can help you acquire outstanding jobs in leading corporations.
- Best of Both Worlds
Why B.Tech students do MBA? For a B.Tech graduate with an MBA degree, there are diverse career choices as it brings you the best of both worlds. Today, every organisation demands experts with diverse skills from a multifaceted background. So, if you have a background in technology and engineering and you acquire managerial techniques, administrative skills, and advanced people skills through your MBA qualification, you become the most sought after professional among the top recruiters.
- Advanced Personality & Skill Development
The curriculum of an MBA programme imparts academic knowledge and hands-on skills. That is why B.Tech students do MBA to develop personality and skills that enable them to secure lucrative job opportunities in the future. In addition, MBA students have to design and present several presentations and participate in extracurricular activities like quiz contests, inter-college competitions, and debate competitions. These activities help them hone their language skills and personality on a whole new level.
- Entrepreneurship Opportunities
If you are someone who has a matchless idea for a start-up and wishes to develop it further into a full-blown business, then an MBA degree can help you fulfill your dream. Hence, an MBA degree lets you foster cutting-edge start-up ideas based on your B.Tech degree and establish the idea into a successful business. Moreover, an MBA qualification will help you gain necessary administrative and managerial skills and teach you to define a budget and work within its confines.
Career Scope of MBA after B.Tech
Engineering with an MBA degree offers a vast array of job prospects along with an attractive package. Students holding both degrees have an excellent opportunity to work in the private and public sector units (PSUs), banks, etc. They can also work as managers in several other sectors. They can also work as financial analysts in industries like accounting.
Some of the renowned brands that hire graduates with MBA and B.Tech degrees are:
- Amazon
- Deloitte
- JP Morgan
- Microsoft
- Morgan Stanley
- Cognizant
- ICICI Bank
- KPMG
Moreover, changing the career path or shifting from the previous discipline is ok. Still, students need to be very careful and well aware of the course’s career opportunities and prospects.
Salary distribution of top roles offered after MBA
Job roles | Average Salary LPA |
---|---|
Marketing Manager | 9 |
Operations Manager | 7.5 |
Human Resources Manager | 4-5 |
Transport & Logistics Manager | 6 |
Risk Manager | 10 |
IT & Systems Manager | 7-8 |
Supply Chain Manager | 7.5-8.2 |
Sales Manager | 8-9 |
Finance Manager | 9-9.5 |
Courses to pursue after MBA
It is not mandatory for students to start working after completing their MBA. Some students desire to achieve crest in their careers. So, in order to build a secured future, students can continue their studies after MBA as well. After MBA, there are various short term and long duration courses that make students more valuable in the job market. Some of such are mentioned below:
CFA: CFA is a global certification accepted by more than 160 countries in the area of finance. Additionally, students pursuing MBA in Finance will get the maximum benefit from this course. Therefore, CFA is one of the leading courses after an MBA with the best knowledge about finance.
FRM: FRM is a 2-level exam that helps students understand risk management. FRM stands for Financial Risk Management and is one of the most rewarding courses after an MBA giving an overall understanding of alleviating the risks in business.
PhD in Management: PhD in Management studies is the best course for students who want to have a career in the academic field. Additionally, PhD is considered one of the highest and most prestigious degrees that students pursue after their master’s degree. The doctorate also enables students to teach in various MBA Colleges in India.
ISB Certificate Programme in Business Analytics (CBA): Since most of the students pursuing an MBA today are BTech graduates, the certificate programme in Business Analytics provides individuals with a unique opportunity to pursue this course after their MBA. This course focuses on data science, business analytics, and machine learning, which are emerging as vital facets in this immensely competitive business world.
Fellowship Programme in Management: FPM is an academic course, but it also opens up options in the corporate field. Students pursuing this course get a monthly stipend while doing a Fellow Program in Management, and thus it is essential for the student not to have any other pre-occupations while pursuing this course. Moreover, FPM is offered in a range of institutes in India.
Certified Management Accounting: CMA programme is an internationally recognised certificate conferred by the Institute of Management Accountants IMA in the USA. Moreover, to get the certificate, students need to pass two levels of exams incorporated in the course.
How to choose an MBA Programme?
There are ample answers to the question why MBA after B.Tech? But another important question that directly impacts your career prospect is how to choose an MBA programme? If you’re investing the time and money in your higher education, it’s crucial to choose the right programme that leads you to your goals.
Additionally, here are some aspects to consider before finalising an MBA course:
- Accreditation
- School ranking
- Program length and location
- Cost
- Curriculum and specialisations
- Internship opportunities
- Diversity of the student
MBA after B.Tech from BMU – An Overview
The MBA programmes at BML Munjal University consider a long-term view of business education and empower students for long and fulfilling careers. Their multidisciplinary, application-based MBA curriculum is mentored by Imperial College London and imparts life skills and practical knowledge that allows students to create innovators, thought-leaders, and entrepreneurs who can reinvent the ways of doing business in this fierce market.
Through its multi-disciplinary MBA programme, the university aims at equipping its students with world-class knowledge and skills to help them become business ready.
Now, you must be wondering about choosing MBA after B.Tech from BMU? Well, the answer is that BML Munjal University’s student learning experience is further boosted by collaborating with globally renowned universities and corporates, including Singapore Management University, Carleton University, Kent State University, University of North Georgia, Berkeley, Aston University, North South University, Loughborough University, University of California, CUOA University, University of Warwick, University of Michigan-Flint and Saint Mary’s College of California.
Additionally, Centers of Excellence and state-of-the-art Labs were set up on the BMU campus by Siemens, Intel, Shell, IBM.
Type of MBAs offered by BMU
Full-time MBA
A traditional two-year MBA programme is best suited to students who don’t have to work full time and can easily fund their degree without bringing in a regular paycheck. Consequently, the students step out as well-versed global leaders who are ready to flourish and excel in the real business environment. BMU’s graduates have the ability to act and achieve, both independently and as a team member, and this is something that makes them stand out anywhere and everywhere in the world.
Further, the MBA specialisations offered by the university teach every student to thrive in the complex business environment of their respective area of specialisation and emerge as leaders in their domain.
Executive MBA
In current times, corporations face various challenges for their career growth; hence, it is becoming extremely difficult to gain and sustain a competitive advantage. To overcome the current corporate needs, the professionals need to possess in-depth knowledge of the functional areas and adopt a global perspective, think strategically and exhibit the ability to manage cross-cultural teams. The executives, especially those in middle-level corporate roles, need to acquire a rigid understanding and practice of contemporary management concepts.
Hence, BML Munjal University (BMU) imparts a two-year MBA Executive programme to prepare professionals to excel and move forward in their careers and train them to take on roles of responsibility in their organisations.
Executive MBA in partnership with Eruditus
Who is this programme for?
- This course targets ambitious working executives and enables these professionals to hone their skill sets, align to modern industry demands, and evolve into leadership and managerial roles across functional areas.
- Mid-to senior-level managers aspiring to implement the latest management principles and take on greater responsibilities
- Working executives trying to climb from technical to managerial roles
- Entrepreneurs and business owners wish to scale up their business by expanding their management range.
Specialisations offered at BML Munjal University
- MBA with specialisation in Marketing
- MBA with specialisation in Finance
- MBA with specialisation in Human Resource
- MBA with Specialisation in Business Analytics
- MBA with specialisation in Operations & SCM
Rankings and Recognitions
- NIRF Ranking 2021
School of Management at BML is ranked by NIRF All India 41 rank by the Ministry of Education, Government of India.
- Placements
In the Ongoing campus placement drive 2022 at BML: Highest Package is recorded as INR 32.21 LPA, and the Average Package is INR 9.62 LPA
- Representative companies
Accenture India, KPMG, Flipkart, Hexaware.